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Home arrow News & Interviews arrow News August 2008 arrow P&G Raises Prices in China
P&G Raises Prices in China PDF Print E-mail
 

By Peter Bachmann, on 01-08-2008

Published in : The News, News August 2008


Consumer goods manufacturer Procter & Gamble said it will increase prices of certain products in China, state media reports.

 

Its sanitary pad brand Whisper and baby diaper Pampers products will become 10 to 15 per cent more expensive, a P&G spokesperson said during a press conference. In June, the company increased prices for Pantene shampoos and Crest toothpaste.

P&G said price hikes are necessary to control rising material costs, such as water absorbent materials and pulp. The U.S.-based consumer goods maker also said it is likely that there will be a third price increase for some products later this year. Unilever, P&G's main competitor, has reportedly decided to up its prices between six and 20 per cent, according to state media.


Last update : 03-08-2008

   
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Keywords : P&G, Whisper, Pampers, Pricing


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